List of Equations

Chapter 2

MACROECONOMIC VARIABLES

(2.1a)     

(2.1b)     

(2.2)       

(2.3a)          

(2.3b)     

(2.4)       

(2.5)       

ASIDE

Real vs. Nominal

GDP Deflator = nominal GDP/real GDP

Real GDP = nominal GDP/GDP deflator

Chapter 3

CLASSICAL MODEL

(I): Equilibrium, Output & Employment

(3.1)           

(3.2)           

(3.3)           

(3.4)             

(3.5)           

(3.6)           

ASIDE

Equilibrium Output and Employment

3.1              

3.5              

3.6              

(3.7)           

(3.8)           

(3.9)           

(3.10)         

Chapter 4

CLASSICAL MODEL

(II): Money, Prices and Interest

(4.1)       

(4.2)       

(4.3)       

(4.4)       

(4.5)       

(4.6)       

(4.7)       

(4.8)       

(4.9)       

Chapter 5

KEYNESIAN MODEL

5.2 Conditions for Equilibrium Output

(5.1)       

(5.2)       

(5.3)       

(5.4)       

ASIDE

In Equilibrium

(5.5)       

ASIDE

In Equilibrium

(5.6)       

ASIDE

Three Equivalent Statements of Equilibrium

(5.2)

(5.5)

(5.6)

(5.7)       

 (5.8)